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CST: 14/08/2018 16:12:21   

Filament Unveils Industry’s First Blockchain Hardware Device in a USB Form Factor for Existing IoT Devices

92 Days ago

Plug and play, secure blockchain operations enable significantly accelerated deployments and results

RENO, Nev., May 14, 2018 (GLOBE NEWSWIRE) -- Filament, provider of comprehensive blockchain solutions for the Internet of Things (IoT) and the enterprise, today introduced its latest Blocklet™ hardware device in a Universal Serial Bus (USB) form factor, designed specifically to enable existing industrial and enterprise machines to securely execute transactions on a blockchain. Because the new device can be used on any system with a USB port, it enables the world’s largest companies and established businesses of all sizes to significantly accelerate blockchain proof of concept, pilot project and production deployments. 

“We introduced our Blocklet Chip earlier this year and are now excited to unveil our Blocklet USB device, which makes it possible for existing Industrial IoT machines to become trusted economic engines,” said Allison Clift-Jennings, CEO, Filament. “Many organizations have machines, devices, and equipment in the field today that are built to last a decade or more. This shouldn’t be a barrier to reaping the benefits of blockchain technology today. The Blocklet USB device provides a much faster starting point, enabling those existing devices to become more valuable by allowing them to communicate and transact with each other, and with automated smart contract based systems.”

Filament’s Blocklet USB device enables machines and devices to:

  • Transact data or economic value with each other
  • Provide cryptographically verifiable attestations of the source and content of data
  • Maintain immutable records of an asset’s chain of custody across complex supply chains involving multiple parties
  • Provide provenance records for determining the origin and lifecycle history of goods

Filament’s Blocklet USB device encapsulates the same open, decentralized economic protocols used in its Blocklet Chip™ and Blocklet firmware. Its distributed blockchain capabilities enable devices to independently process and record transactions, ensuring digital trust among existing machines, devices and equipment. It can be used in any system with a USB port, and is designed to interact with multiple blockchain technologies natively.

Key features include:

  • Microcontroller, flash and 72-bit key secure element
  • Self-generated unique and indelible cryptographic identity
  • Straightforward and intuitive serial application programming interface (API) and software development kits (SDKs)
  • Indiscrete form factor

Filament’s Blocklet USB device will be available for proof of concept, beta testing and pilot projects in June 2018.

About Filament
Filament builds comprehensive blockchain systems for the enterprise and the Industrial Internet of Things (IIoT). Its hardware, software and service solutions allow connected devices and machines to securely interact with and transact value against distributed ledger technology such as a blockchain. Filament is headquartered in Reno, Nevada with offices in Denver, Colorado and Saint Paul, Minnesota. Learn more at filament.com.

Filament Media Contact
Christy Kemp
Dahlia Public Relations
303-898-3390
ckemp@dahliapr.com

 

Photos accompanying this announcement are available at

http://resource.globenewswire.com/Resource/Download/ea713016-ca5e-45e1-a411-8b55fbb886f4

http://resource.globenewswire.com/Resource/Download/460ae581-0aba-4c66-b49e-6e13ba1c2fc9